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South Korea's Bond Market Awaits Central Bank Decision as Rate Hike Signals Remain Cautious on July 10

2026-07-10 00:58:11

According to Yonhapinfomax, South Korea's bond market adopted a wait-and-see stance on July 10 ahead of the Financial and Monetary Committee meeting scheduled for the following week. Bank of Korea Governor Shin Kyou-chul did not signal aggressive rate increases during his parliamentary report yesterday, easing concerns about big-step hikes or consecutive rate increases. Separately, Korea Development Institute reported that non-semiconductor exports grew 8.3% from January to May, indicating partial economic recovery. Policy coordination between the central bank and government on structural inflation measures may influence the pace of rate increases.

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